• 3 minutes e-car sales collapse
  • 6 minutes America Is Exceptional in Its Political Divide
  • 11 minutes Perovskites, a ‘dirt cheap’ alternative to silicon, just got a lot more efficient
  • 22 hours GREEN NEW DEAL = BLIZZARD OF LIES
  • 3 days "What’s In Store For Europe In 2023?" By the CIA (aka RFE/RL as a ruse to deceive readers)
  • 7 days America should go after China but it should be done in a wise way.
  • 1 day Even Shell Agrees with Climate Change!
  • 3 days How Far Have We Really Gotten With Alternative Energy
  • 4 days The European Union is exceptional in its political divide. Examples are apparent in Hungary, Slovakia, Sweden, Netherlands, Belarus, Ireland, etc.
  • 44 mins Microbes can provide sustainable hydrocarbons for the petrochemical industry
  • 3 days World could get rid of Putin and Russia but nobody is bold enough
  • 6 days Oil Stocks, Market Direction, Bitcoin, Minerals, Gold, Silver - Technical Trading <--- Chris Vermeulen & Gareth Soloway weigh in
Ukraine Steel Giant Faces 31% Drop in Steel Production

Ukraine Steel Giant Faces 31% Drop in Steel Production

Metinvest reported a 31% decrease…

Anti-Oil Activists Shift Focus to Insurers

Anti-Oil Activists Shift Focus to Insurers

Activists have also started attacking…

U.S.-Backed Forces Retake Syrian Conoco Gas Plant From ISIS

U.S.-backed Syrian forces have seized a Conoco gas plant from Islamic State in the oil-rich Deir Ezzor area, depriving the militants from an important revenue source.

Kurdish-led Syrian Democratic Forces (SDF), backed by the U.S.-led coalition, said on Sunday that they were making gains in eastern Syria after seizing the Conoco plan from ISIS, The Wall Street Journal reports.

According to local activist monitoring group Deir Ezzour24, the SDF’s Deir Ezzor Military Council captured the village of Khasham in northern Deir Ezzor after advancing through the northwestern part of the Deir Ezzor Desert with the support of coalition aircraft.

SDF “moved through the Conoco Gas Plant and the surrounding area in an attempt to remove any remaining pockets of Islamic State fleeing from the plant to Khasham,” according to Deir Ezzour24. The Conoco gas plant can produce nearly 50 million cubic feet of gas per day. The Islamic State had been in control over the plant since the middle of 2014.

Islamic State militants had planted explosive devices at the plant, hoping to cause a maximum damage, before the SDF took control over the facility on Saturday, Omar Abu Leila, who heads Deir Ezzour24, told The Journal.   

The plant was one of the most important sources of cash for the terrorists, according to an SDF spokesman who spoke to The Journal.

Related: U.S. Shale’s Most Productive Play May Peak By 2021

According to Deir Ezzour24, the militants traded a large part of the fuel produced at the gas plant to Iraqi buyers or to the Assad regime.

ADVERTISEMENT

Meanwhile, U.S. and coalition military forces continued to attack ISIS in Iraq and Syria, conducting 51 strikes consisting of 68 engagements, the U.S. Department of Defense said on Saturday. In Syria, near Deir Ezzor, a strike destroyed an ISIS supply route, the task force said, adding that ISIS targets were also hit and destroyed near Abu Kamal and Raqqa as well. 

By Tsvetana Paraskova for Oilprice.com

More Top Reads From Oilprice.com:



Join the discussion | Back to homepage



Leave a comment

Leave a comment

EXXON Mobil -0.35
Open57.81 Trading Vol.6.96M Previous Vol.241.7B
BUY 57.15
Sell 57.00
Oilprice - The No. 1 Source for Oil & Energy News